Asbestos group
An agreement has been signed between the Asbestos Institute of Montreal and the asbestos industry of the Soviet Union aimed at improving health and safety in the industry. The International Fibre Safe…
News
Aurizon tallies $31-million loss
Following a major writedown of its mining properties in Quebec last year, Aurizon Mines (TSE) is gearing up to explore a low-cost copper-gold property in Mexico. For the year ended Dec. 31, the compan…
Saskatchewan offers mine skills training
Residents of northern Saskatchewan will be eligible for mining skills training following agreements between the Saskatchewan government and three mining companies. Under the agreements with Claude Res…
Varitech acquires Big Onion bet
A recently completed agreement gives Varitech Resources (VSE) the right to earn a 100% interest in the Big Onion deposit, about nine miles east of Smithers, B.C. Varitech was halted at the 85 cents le…
Nev. Goldfields takeover approved
The takeover of financially troubled Nevada Goldfields (TSE) by Australian company Gwalia Consolidated was recently approved by shareholders of the Colorado-based company at a special meeting. Goldfie…
Goldcorp ups Wharf ownership
Goldcorp Investments (TSE) recently made a private purchase of 250,000 shares of Wharf Resources (TSE) at $6.03 per share. Goldcorp now owns 2,813,700 shares and its 69% owned subsidiary Dickenson Min…
Noranda plans more holes at Hislop project
Six more drill holes are being proposed by Noranda Exploration for gold property in Beatty and Hislop twps. in northeastern Ontario, project partner Glimmer Resources (VSE) reported. The new holes wou…
Deloro mine site slated for cleanup
The Deloro gold mine site north of Belleville, Ont., is expected to receive immediate attention under a federal-provincial agreement to clean up toxic dumps in Ontario. Over the next five years, the g…
Prime to build Iskut Valley road
The British Columbia government will provide financial assistance to Prime Resources Group (VSE) to build the 38-km portion of the Iskut Valley road west from Highway 37 to the Volcano Creek junction….
Copper combates zebra mussels
According to a recent report in Canadian Copper, a study is under way at the University of Toronto to evaluate the effectiveness of using copper and copper alloys to prevent the adhesion of zebra muss…
Pilot plant next step for Peat
If Peat Resources (CDN) is successful in securing private sector financing, the company will construct a $4.5-million pilot plant to produce tonnage-scale quantities of peat fuel. Peat President Leon …
Potash Corp. profit up
The first-quarter profit of Potash Corp. of Saskatchewan is expected to be in the range of $11-13 million, up from $3.6 million in the year-earlier period, said Chairman Charles Childers. Childers rec…